2020 BTC dump over 11 day triangle on the 4 hour
Updated
Comparing 2020 dump over an 11 day period to the 2018 dump on the same 4 hour chart.
It appears we may be looking at a 1 day dump of 15% if the triangle is truthful to the dump prior.
BTC may touch 4,500.00 before it stabilizes.
Whale alert has also been made that large btc and usdt has been moved to binance.
Disclaimer: Amateur analysis.
It appears we may be looking at a 1 day dump of 15% if the triangle is truthful to the dump prior.
BTC may touch 4,500.00 before it stabilizes.
Whale alert has also been made that large btc and usdt has been moved to binance.
Disclaimer: Amateur analysis.
Note
Looks like the trend is breaking out of the triangle, two options.1. Adjust the top of the triangle and channel to keep the same trend analysis.
2. We are breaking out and finding final support at these levels and 4,300 bottom was already in based on the double bottom.
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